Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Its bromo and ester functional groups allow for selective cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex aromatic systems. Commonly employed in the development of bioactive molecules, including potential anticancer and antimicrobial agents. Also utilized in materials science for designing naphthalene-based dyes and fluorescent probes due to the inherent photophysical properties of the naphthalene core. The compound’s reactivity makes it valuable in medicinal chemistry research for structure-activity relationship studies.